120 Meadowbrook RdLivingstonNJ07039
Nearby investment properties with comparable rents
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Livingston at 120 Meadowbrook Rd, Livingston, NJ, 07039 offers $5,288/mo rent that, after a $3,911/mo payment. Total monthly income is $5,288/mo. Return on cash invested measures 18.2% in year one, and rental yield stands at 7.94% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 94.89% and total cumulative return in cash reaches $249,438. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,288/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07039, Livingston, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,719 (100%) |
| Owner Occupied HU | 9,255 (86.3%) |
| Renter Occupied HU | 1,183 (11.0%) |
| Vacant Housing Units | 281 ( 2.6%) |
| Median Home Value | $837,618 |
| Average Home Value | $942,061 |
Housing Distribution
Address Breakdown
Residential
10,981
Single Family
9,820
Multi-Family
1,161
Businesses
1,441
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Listed by: Henry Mascolo • Coldwell Banker Realty Hil
Mls Name: GSMLS
Mls ID: #4004793